What is the Dollar to Naira Exchange rate at the Nigerian black market also known as the parallel market or Aboki fx?. You can now find below the black market Dollar to Naira exchange rate for Today Monday , 4th July, 2022. You can change your dollar to Naira at these rates.
Now, How much is dollar to naira today in black market?
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|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
Please note that the rates at which you sell or buy forex might be different from what is written in this article because prices vary.
|Dollar to Naira||Black Market Exchange Rate In Lagos|
|Dollar to Naira (USD to NGN)||Black Market Dollar To Naira Rate Today in Port Harcourt|
|Dollar to Naira (USD to NGN)||Dollar to Naira official exchange rate|
1 GBP to NGN – British Pounds to Nigerian Nairas Exchange Rate.
|Dollar to Naira (GBP to NGN)||Pounds to Naira official exchange rate today|
1 EUR to NGN – Euros to Nigerian Nairas Exchange Rate.
|Dollar to Naira (EUR to NGN)||Euro to Naira official exchange rate today|
Other Currencies Exchange Rate.
- Pounds to Naira Black Market is 749
- Euro to Naira today Black Market 730
Convert US Dollar to Nigerian Naira Today, July 4th 2022. How much are 100 dollars in Naira?
|USD Dollar||Conversion of Dollar Naira|
|1 USD||430.24 NGN|
|10 USD||4,201.3 NGN|
|100 USD||42,024 NGN|
The Dollar to Naira Black Market Rate Today 4th July, 2022, across all cities The U.S. Dollar to Nigerian Naira in Black Market Today.
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate in Nigeria range|
The Exchange Rate of Dollar to Naira yesterday Black Market Closed at ₦615/$
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Yesterday|
First Bank current dollar to naira exchange rate.
First of Nigeria Plc Currency Exchange Rate is $1 = ₦510.50
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Zenith bank Dollar to naira exchange rate today.
Zenith Bank Plc Currency Exchange Rate $1 = ₦519.00
Western Union USD to naira exchange rate today.
Western Union Currency Exchange Rate $1 = ₦502.04
Wema bank USD to naira exchange rate today.
Wema Bank Plc Currency Exchange Rate is $1 = ₦501.20.
GTBank USD to naira exchange rate today
GTBank Bank Plc Currency Exchange Rate is $1 = ₦510.0
UBA USD to Naira exchange rate today.
UBA Bank of Nigeria Currency Exchange Rate $1 = ₦510.01
Access Bank USD to Naira exchange rate today
Access Bank PLC Currency Exchange Rate $1 = ₦520.21.
Meanwhile, the total assets of Nigerian banks increased by N11.15 trillion in a year to N64.32 trillion as of the end of April.
According to data retrieved from the website of the Central Bank of Nigeria (CBN), this is the case.
The information showed that commercial banks’ assets increased from N53.17 trillion in the same period of 2021. The figures for 2022 indicated a 21% rise during that time.
The growth was fueled by balances with CBN/banks, OMO bills, and credit to the real sector of the economy, according to Kingsley Obiora’s personal statement, which was published by the CBN.
“The banking system remained solid, stable, and resilient,” he declared. The balances with CBN/banks, OMO bills, and credit to the real sector of the economy were the main drivers of the 20.97% increase in the total assets of the banking sector from N53.17 trillion in April 2021 to N64.32 trillion in April 2022.
As a result, the total flow of credit to the economy increased by 21.66 percent, from N21.45 trillion in April 2021 to N26.10 trillion in April 2022.
Manufacturing, consumer credit, general commerce, information and communication, and agriculture were some of the industries with increased credit, he claimed.
The CBN reports that at the end of April 2022, the non-performing loan ratio was 5.31 percent, just above the prudential limit of 5.00 percent.
Dollar to Naira Black Market Rate Today Monday , July 29, 2022.
Also Read : Npower Latest News on payment of April, May and July Stipends Today Monday, July 20, 2022
The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.
The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).
Click here to learn more about the eNaira wallet. eNaira wallet
The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.
Disclaimer: The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.
In Nigeria, there is no uniform exchange rate.
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